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ADD Industry (Zhejiang) SHSE:603089 Stock Report

Last Price

CN¥8.61

Market Cap

CN¥2.0b

7D

-3.5%

1Y

2.3%

Updated

17 Jun, 2024

Data

Company Financials

ADD Industry (Zhejiang) CO., LTD

SHSE:603089 Stock Report

Market Cap: CN¥2.0b

603089 Stock Overview

Manufactures and sells shock absorbers for vehicle suspension system in China and internationally.

603089 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends2/6

ADD Industry (Zhejiang) CO., LTD Competitors

Price History & Performance

Summary of all time highs, changes and price drops for ADD Industry (Zhejiang)
Historical stock prices
Current Share PriceCN¥8.61
52 Week HighCN¥15.41
52 Week LowCN¥6.22
Beta0.37
1 Month Change-11.78%
3 Month Change-13.47%
1 Year Change2.26%
3 Year Change-3.58%
5 Year Change-21.36%
Change since IPO0.62%

Recent News & Updates

There's Reason For Concern Over ADD Industry (Zhejiang) CO., LTD's (SHSE:603089) Massive 34% Price Jump

Mar 07
There's Reason For Concern Over ADD Industry (Zhejiang) CO., LTD's (SHSE:603089) Massive 34% Price Jump

Recent updates

There's Reason For Concern Over ADD Industry (Zhejiang) CO., LTD's (SHSE:603089) Massive 34% Price Jump

Mar 07
There's Reason For Concern Over ADD Industry (Zhejiang) CO., LTD's (SHSE:603089) Massive 34% Price Jump

Shareholder Returns

603089CN Auto ComponentsCN Market
7D-3.5%0.6%0.06%
1Y2.3%-8.9%-16.1%

Return vs Industry: 603089 exceeded the CN Auto Components industry which returned -8.9% over the past year.

Return vs Market: 603089 exceeded the CN Market which returned -16.1% over the past year.

Price Volatility

Is 603089's price volatile compared to industry and market?
603089 volatility
603089 Average Weekly Movement7.5%
Auto Components Industry Average Movement7.0%
Market Average Movement6.8%
10% most volatile stocks in CN Market10.2%
10% least volatile stocks in CN Market4.2%

Stable Share Price: 603089 has not had significant price volatility in the past 3 months.

Volatility Over Time: 603089's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19943,144Nian Hui Zhengwww.addchina.com

ADD Industry (Zhejiang) CO., LTD manufactures and sells shock absorbers for vehicle suspension system in China and internationally. It offers twin-tube shock absorbers, strut cartridges, shock absorbers with spring seat, struts, airbag shock absorbers, strut assemblies, steering dampers, adjustable shock absorbers, and cabin dampers for passenger vehicles and commercial vehicles. The company was founded in 1994 and is based in Yuhuan, China.

ADD Industry (Zhejiang) CO., LTD Fundamentals Summary

How do ADD Industry (Zhejiang)'s earnings and revenue compare to its market cap?
603089 fundamental statistics
Market capCN¥1.96b
Earnings (TTM)CN¥82.63m
Revenue (TTM)CN¥1.88b

23.3x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603089 income statement (TTM)
RevenueCN¥1.88b
Cost of RevenueCN¥1.44b
Gross ProfitCN¥437.84m
Other ExpensesCN¥355.21m
EarningsCN¥82.63m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.37
Gross Margin23.25%
Net Profit Margin4.39%
Debt/Equity Ratio63.3%

How did 603089 perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

39%

Payout Ratio
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